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Business Development Manager

SUMMARY: Groundfloor is creating a new category of individual real estate investments - accessible to everyone.

We are looking for a high-performing Business Development Management to join our Originations Team. The successful candidate will meet our customer acquisition and revenue growth objectives. The Business Development Manager role involves Retail and Broker Originations. Cultivating, developing, and growing strong and sustainable customer relationships. Training our customers on our products, processes, and services. This role is crucial for Groundfloor in building/growing our business.

Groundfloor is a remote-friendly, hyper-growth, wealthtech company based out of Atlanta. All qualified candidates regardless of location are encouraged to apply, but candidates based out of Atlanta, GA, or Wichita, KS are preferred.

We value vulnerable high-quality/low-ego collaboration. If that sounds good to you, join us!


THIS JOB MIGHT BE FOR YOU IF: 

  • Sales executive experience, meeting/exceeding targets.
  • Proven ability to position products against competitors.
  • Positive. Personable. Dependable. Team Player.
  • You understand financial stories.
  • High level of passion and motivation for learning new skills.
  • Flexibility and responsiveness to adapt quickly to changing customer and organizational requirements.
  • Flourish with minimal guidance, be proactive, and handle uncertainty.
  • Strategic thinking/vision: Able to see and communicate the big picture in an inspiring way

A DAY IN THE LIFE:

  • Conducts sales calls to prospective customers by introducing Groundfloor, developing a profile, providing a value proposition, and documenting the results within the Company client relationship management tool.
  • Understand and act as the main resource regarding Groundfloor Company products, policies, and underwriting policies.
  • Travel / Attending conferences, meetings, and industry events.
  • Be the main point of contact throughout the loan process for both our customers and Groundfloor.
  • Train and actively communicate our products and processes to our customers.
  • Close loans from leads that are provided, as well as self-generated.
  • Accountable for developing/executing strategic plans to hit/exceed sales targets.
  • Manage a robust and dynamic pipeline, organize activities utilizing the company's CRM
  • Actively participate in local industry organizations to expand network of local market influencers

YOUR EXPERIENCE + A FEW NICE TO HAVES:

  • BA/BS degree preferred but not required.
  • Real estate experience is a plus!

We value our employees’ time and efforts. Our commitment to your success is enhanced by our competitive compensation and extensive benefits package including paid time off, medical, dental, and vision benefits, potential equity for strong candidates, and future growth opportunities within the company. Plus, we work to maintain the best possible environment for our employees, where people can learn and grow with the company. We strive to provide a collaborative, creative environment where each person feels encouraged to contribute to our processes, decisions, planning, and culture.

GROUNDFLOOR is an equal opportunity employer and all qualified applicants will receive consideration for employment and will not be discriminated against on the basis of race, color, religion, sex, national origin, disability status, protected veteran status, sexual orientation, gender identity, or any other characteristic protected by law.

About GROUNDFLOOR

Since its launch in 2013, participants in GROUNDFLOOR’s real estate loans have earned annualized returns averaging 10 to 12 percent in a 6 to 12-month timeframe. No prior real estate knowledge is needed, and the $10 minimum is intentionally a low barrier to entry to give everyone the ability to build wealth in real estate. To date, GROUNDFLOOR remains the only platform offering direct participation in individual real estate investments to all on a broad scale, regardless of income or net worth.

The company is headquartered in Atlanta and has raised more than $30 million in capital from a variety of sources, including venture capital and online public equity offerings. As of its most recent round of financing, the company has over 7,700 public shareholders and is 30 percent customer-owned.

Average salary estimate

$75000 / YEARLY (est.)
min
max
$60000K
$90000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Business Development Manager, Groundfloor

Are you a motivated and results-driven sales professional looking to make a significant impact? Groundfloor is on the lookout for a talented Business Development Manager to join our dynamic Originations Team. We're paving the way in the real estate investment sector, making it accessible for everyone, and we need someone who shares our vision! In this role, you will play a key role in driving customer acquisition and revenue growth. Your day will be filled with exciting challenges ranging from retail and broker originations to cultivating strong relationships with our customers. You will not only train clients on our innovative products and services but also act as their go-to resource throughout the loan process. We pride ourselves on being a remote-friendly, hyper-growth wealth-tech company based in Atlanta, but we welcome applicants from all locations. If you're a positive, personable team player with a knack for strategic thinking and a passion for learning, we want to hear from you! Join us at Groundfloor, where your contributions will help shape the future of individual real estate investments!

Frequently Asked Questions (FAQs) for Business Development Manager Role at Groundfloor
What are the main responsibilities of the Business Development Manager at Groundfloor?

The Business Development Manager at Groundfloor is responsible for driving customer acquisition and revenue growth through activities such as conducting sales calls, training customers on products, and managing the loan process. You will develop strong customer relationships and be accountable for achieving sales targets while actively participating in local industry events.

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What qualifications does Groundfloor seek in a Business Development Manager?

Groundfloor looks for candidates with proven sales executive experience, an ability to meet and exceed targets, and a positive demeanor. A BA/BS degree is preferred, alongside real estate experience. However, what really matters is your motivation to learn and your agility in adapting to changing environments.

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How can I thrive as a Business Development Manager at Groundfloor?

To thrive in this role at Groundfloor, you should embrace a proactive approach and be ready to handle uncertainty. It’s important to possess a strategic mindset to communicate the big picture effectively, maintain a robust pipeline using the company’s CRM, and be willing to collaborate with team members and clients alike.

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What does a typical day look like for a Business Development Manager at Groundfloor?

A typical day for a Business Development Manager at Groundfloor involves sales calls to potential customers, providing value propositions, training clients on products and services, and managing loan processes. You’ll also attend industry conferences to expand your network, combining strategic sales efforts with hands-on client interaction.

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What benefits does Groundfloor offer to its Business Development Managers?

Groundfloor offers a competitive compensation package including paid time off, medical, dental, and vision benefits, and potential equity opportunities. We also prioritize creating a collaborative and creative work environment where employees can grow and contribute meaningfully to the company’s success.

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Common Interview Questions for Business Development Manager
Can you describe your experience in business development?

When answering this question, highlight specific examples of how you've successfully identified opportunities, developed relationships, and achieved sales targets. Use metrics to quantify your success, such as the percentage increase in sales or number of new clients acquired.

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How do you prioritize and handle multiple leads?

Show your organizational skills by discussing how you use CRM tools to track leads and set reminders for follow-ups. Emphasize your ability to focus on high-value prospects while maintaining communication with all leads to ensure no one falls through the cracks.

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What strategies do you use to overcome objections from potential clients?

Discuss strategies such as active listening to understand client concerns, articulating the benefits of Groundfloor’s offerings, and providing case studies or testimonials to build credibility and trust. This demonstrates your ability to empathize while effectively addressing concerns.

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How do you adapt your sales approach to different audiences?

Share your strategy for customizing communication based on client profiles. You might explain how you adjust your messaging for retail clients versus brokers or how you leverage industry knowledge to resonate with various stakeholders.

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Can you provide an example of a time when you had to strategize for a tough sale?

Use this moment to discuss a specific challenge you faced in a previous role and how you developed a tailored strategy. This could include research, creative outreach, or engaging additional resources to secure the deal.

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What motivates you in a business development role?

Express your passion for building relationships and achieving goals. Explain how contributing to Groundfloor's mission drives you, as well as the satisfaction of helping clients navigate investment opportunities.

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How do you keep yourself informed about industry trends?

Discuss the resources you utilize to stay updated, such as industry publications, networking with peers, or attending conferences. Highlight your proactive approach to continuous learning to adapt strategies accordingly.

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What role does teamwork play in your success?

Explain how collaboration enhances your effectiveness in business development. Provide examples of how you have partnered with team members across different departments to optimize the client experience and achieve company goals.

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What do you believe sets Groundfloor apart from competitors?

Articulate your understanding of Groundfloor’s unique approach to real estate investment, such as its low barrier to entry and average returns. Demonstrating your knowledge will show your genuine interest in the company and its mission.

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Where do you see yourself in the next few years?

Frame your response around your career aspirations in business development and your potential to grow within Groundfloor. Emphasize your desire for continuous growth and contribution to the company's long-term success.

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Founded in 2013 and headquartered in Atalanta, Georgia, Groundfloor is a real estate lending marketplace open to non-accredited investors.

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Full-time, remote
DATE POSTED
December 19, 2024

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